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4676-4700 Sonoma Hwy
Santa Rosa, CA 95409 Santa Rosa

$2,875,000 USD

Apartments For Sale • 7,100 SF

Property Details

Property Type Apartments
Total Building Size 7,100 SF
Lot Size 0.95 AC
Building Class C
Year Built 1950
Cap Rate 5.00 %
Zoning R-3, Santa Rosa

24 Transit Score

67 Walk Score

                
                    Highlights
                
                                Not an apartment complex, this income property on one acre includes 7 single-family homes with fenced front & back yards
                            
                                All utilities paid by tenants; tenants care for their own yards (front & back)
                            
                                Most tenants have lived there 5 to 11 yrs.
                            
                                Great Rincon Valley schools (grade school less than a mile), shopping & restaurants- 5 min. walk, largest city park- 5 min.drive
                            
                                The math indicates $410,000 per house. It's really less than $400,000. Other assets on property: rent-paying billboard, detached garage/building.

Financial Summary (Actual)

Net Operating Income: $146,933 USD (2023)

Cap Rate:	5.00 %
Total Expenses:	$36,567 USD

Amenities

Fenced Lot
Yard

Public Transportation

Commuter Rail	Drive	Walk	Distance
Santa Rosa Downtown Smart (Main Line - Sonoma Marin Area Rail Transit)	7 min	-	3.9 mi
Santa Rosa North Smart (Main Line - Sonoma Marin Area Rail Transit)	9 min	-	5.1 mi
Airport	Drive	Walk	Distance
Charles M Schulz - Sonoma County	17 min	-	11.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	AttachedGarage
Included in Rent:	Yes

Larry Scharf 707-575-7245 Larry Scharf

4676-4700 Sonoma Hwy Santa Rosa, CA 95409 Santa Rosa